nabInvest Acquires Stake in Peridiem Global Investors

August 23, 2011

On August 23, 2011 National Australia Bank’s asset management business, nabInvest, announced that it had taken a minority stake in fixed income manager Peridiem Global Investors LLC.

On August 23, 2011 National Australia Bank’s asset management business, nabInvest, announced that it had acquire a non-controlling interest in Peridiem Global Investors LLC.  Peridiem is a Los Angeles, California-based global fixed income investment management firm.  nabInvest has approximately $50 billion in funds under management.  The terms of the transaction were not disclosed.

To read the press release, please click here.


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Investment Manager Strategic Investments, Transactions